https://www.taxtmi.com/caselaws?id=74031 Related-person status under excise valuation was examined by reference to mutuality of interest, family connection and commercial linkage, but the record was considered insufficient to conclusively determine the true nature of the dealings. The valuation of trailers was held not to follow automatically from any related-person finding; the assessable value had to be fixed on the actual sales channel, with normal wholesale price applied where ascertainable and valuation-rule adjustments considered where sales were through agents or retail outlets. The orders were set aside and the matter was remitted for fresh adjudication on a proper factual foundation. en-us Mon, 24 Oct 1988 00:00:00 +0530 Mon, 06 Jun 2011 12:18:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74031 Related-person status under excise valuation was examined by reference to mutuality of interest, family connection and commercial linkage, but the record was considered insufficient to conclusively determine the true nature of the dealings. The valuation of trailers was held not to follow automatically from any related-person finding; the assessable value had to be fixed on the actual sales channel, with normal wholesale price applied where ascertainable and valuation-rule adjustments considered where sales were through agents or retail outlets. The orders were set aside and the matter was remitted for fresh adjudication on a proper factual foundation. Case-Laws Customs Mon, 24 Oct 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74031